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<p class="gmail-story-body__introduction" style="border:0px;font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><font color="#404040" face="Helmet, Freesans, Helvetica, Arial, sans-serif"><span style="font-size:16px"><b>India's central bank has announced a ban on the sale or purchase of crypto-currency.</b></span></font></p><p class="gmail-story-body__introduction" style="border:0px;font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><font color="#404040" face="Helmet, Freesans, Helvetica, Arial, sans-serif"><span style="font-size:16px"><b><br></b></span></font></p><p class="gmail-story-body__introduction" style="border:0px;font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><font color="#404040" face="Helmet, Freesans, Helvetica, Arial, sans-serif"><span style="font-size:16px"><b>In its first policy statement for the current fiscal year, the bank said that financial institutions can no longer deal with entities that trade in virtual currencies such as Bitcoin.</b></span></font></p><p class="gmail-story-body__introduction" style="border:0px;font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><font color="#404040" face="Helmet, Freesans, Helvetica, Arial, sans-serif"><span style="font-size:16px"><b><br></b></span></font></p><p class="gmail-story-body__introduction" style="border:0px;font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><font color="#404040" face="Helmet, Freesans, Helvetica, Arial, sans-serif"><span style="font-size:16px"><b>The Reserve Bank of India (RBI) has given banks three months to unwind their exposure to such exchanges.</b></span></font></p><p class="gmail-story-body__introduction" style="border:0px;font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><font color="#404040" face="Helmet, Freesans, Helvetica, Arial, sans-serif"><span style="font-size:16px"><b><br></b></span></font></p><p class="gmail-story-body__introduction" style="border:0px;font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><font color="#404040" face="Helmet, Freesans, Helvetica, Arial, sans-serif"><span style="font-size:16px"><b>There are around five million digital currency users in India.</b></span></font></p><p class="gmail-story-body__introduction" style="border:0px;font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><font color="#404040" face="Helmet, Freesans, Helvetica, Arial, sans-serif"><span style="font-size:16px"><b><br></b></span></font></p><p class="gmail-story-body__introduction" style="border:0px;font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><font color="#404040" face="Helmet, Freesans, Helvetica, Arial, sans-serif"><span style="font-size:16px"><b>"In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling [virtual currencies]," the bank said in a statement.</b></span></font></p><p class="gmail-story-body__introduction" style="border:0px;font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><font color="#404040" face="Helmet, Freesans, Helvetica, Arial, sans-serif"><span style="font-size:16px"><b><br></b></span></font></p><p class="gmail-story-body__introduction" style="border:0px;color:rgb(64,64,64);font-variant-numeric:inherit;font-variant-east-asian:inherit;font-stretch:inherit;font-family:Helmet,Freesans,Helvetica,Arial,sans-serif;font-size:1rem;font-weight:bold;line-height:1.375;margin:28px 0px 0px;padding:0px;vertical-align:baseline"><br></p></div>